The Solar Industry

Company Name Canadian Solar

Website http://www.canadian-solar.com/

Description Canadian Solar Inc. is a vertically-integrated manufacturer of ingots, wafers, cells, solar modules (panels) and custom-designed solar power applications.

Suppliers LDK Solar, ReneSola, China Sunergy, lSatCon

Market Cap. (Nov. 09) 701.65M US$

Our takes A silicon producer that went up the supply chain and now supplies complete P.V. solutions. Sells under its own name as well as OEM.

Strengths Since Canadian Solar produces their own silicon, they are less influenced by supply and demand fluctuations in the solar industry supply chain. They are also well positioned in the booming Chinese solar energy market.

Risks Dependence on foreign exchange. Not clear how strong the Canadian Solar brand will become.